ASM: Board Resolution – Apr 02

On April 02, 2014, Sao Mai Construction Corporation announced the Board Resolution on paying 2014 dividend and issuing new shares to increase its charter as follows:

Article 1: The Board of Directors approved to pay 2014 to shareholders as follows:

-         Payment rate: 5%/share

-         Trading method: by cash

-         Capital source: Undistributed profit and capital surplus

Article 2: The Board of Directors approved to issue bonus shares to existing shareholders as follows:

-         Exercise ratio: 20%/share (a shareholder owning 05  old shares will get 01 new share)

-         Capital source: Undistributed profit and capital surplus

Article 3: The Board of Directors approved to issue new shares to existing shareholders as follows:

-         Exercise ratio: 2:1 (a shareholder owning 02 shares will be entitled to buy 01 new share.)

-         Offering price: VND10,000/share

-         Purpose: raising capital for investment project – Sao Mai Binh Khanh 5 Luxury Urban.

HOSE

>   ICG: Explanation for the difference in FS 2013 before and after audit (07/04/2014)

>   HCT: Board Resolution (07/04/2014)

>   VC6: General Mandate 2014 (07/04/2014)

>   VC1: General Mandate 2014 (07/04/2014)

>   VXB: General Mandate 2014 (07/04/2014)

>   PIV: HNX notice: Move PIV share status from \ (04/04/2014)

>   DBC: Annual General Mandate 2014 (04/04/2014)

>   DC4: Board resolution (04/04/2014)

>   DXP: General Mandate 2014 (04/04/2014)

>   HHL: Requested for explanation by HNX (04/04/2014)